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38 Emerson St

Wakefield, MA 01880

5 bd 3 ba 2,772 sqft Built 1880 Lot 7,244 sqft multi_family
Most recent sale
$950,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $950,000 MLS #72976032
May 4, 2022 Listed $849,900 MLS #72976032
Mar 4, 2016 Listing removed $2,400 RentalBeast
Feb 19, 2016 Listed for rent $2,400 RentalBeast
Feb 16, 1999 Sold $200,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $516,400 $358,500 $874,900 $9,930
2024 $513,400 $356,500 $869,900 $9,786
2023 $410,300 $325,100 $735,400 $8,626
2022 $373,700 $296,100 $669,800 $8,252
2021 $329,100 $276,000 $605,100 $7,703
2020 $307,700 $258,000 $565,700 $7,224
2019 $292,600 $245,300 $537,900 $6,901
2018 $270,200 $226,300 $496,500 $6,430
2017 $252,500 $211,500 $464,000 $6,046
2016 $259,200 $200,100 $459,300 $6,196
2015 $242,200 $186,900 $429,100 $5,784
2014 $232,900 $179,700 $412,600 $5,273
2006 $245,800 $194,000 $439,800 $4,086
2005 $223,900 $182,400 $406,300 $3,681
2004 $154,300 $145,800 $300,100 $3,421
2003 $154,300 $145,800 $300,100 $3,319

Property facts

Year built
1880
Property type
multi_family
Stories
3
Beds
5
Baths
3
Living area
2,772 sqft
Lot size
7,244 sqft
ZIP code
01880
City
Wakefield
Street
Emerson St
Coordinates
42.50352, -71.07818

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,039
Gross rental yield
10.15%
Implied cap rate
6.60%
Trend-extrapolated value

Frequently asked questions

When did 38 Emerson St last sell?
38 Emerson St most recently sold on Jun 29, 2022 for $950,000.
What is the current tax assessment for 38 Emerson St?
The most recent total assessment for 38 Emerson St (year 2025) is $874,900 with $9,930 in property tax.
How does 38 Emerson St's assessment compare to its last sale price?
The current assessment is 7.9% below the last sale price of $950,000.
When was 38 Emerson St built?
38 Emerson St was built in 1880.
How does 38 Emerson St compare to others on Emerson St?
We track 8 other properties on Emerson St. Browse the list under "Other properties on Emerson St" to compare beds, baths, and sale history.
What are the property facts for 38 Emerson St?
38 Emerson St is a 5 bed, 3 bath, 2,772 sqft, 7,244 sqft lot multi_family.
Is 38 Emerson St a flip candidate?
No — 38 Emerson St does not appear in our flips dataset.
Is 38 Emerson St a tax-appeal candidate?
No — 38 Emerson St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$832.4K
2026 Q4
$835.3K
ZIP 01880 — Median Price History + Forecast

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